Cities
Suburban Denver TOD Sells for $95M
Wolff Co. sold the 360-unit 8000 Uptown Apartments in Broomfield, Colo., for $264,000 per unit. The property is 96 percent occupied.
LandSouth Breaks Ground on $30M FL Project
The firm is teaming up with Integra Realty to develop the 300-unit Integra Sunrise in Kissimmee, Fla. The property is slated for completion by April 2019.
WWC Enters San Antonio Market
Western Wealth Capital has acquired two communities totaling 480 units. Both properties, Brynwood and Sereno Park, have significant value-add opportunities.
Hunt Secures Fannie Mae Loans for 2 FL Communities
The two affordable properties comprise a total of 85 units. The loans closed by Hunt Mortgage Group add up to $4.1 million.
Transwestern Secures $23M Sale of 2 Denver Assets
The company worked on behalf of the sellers—29th Street Management LLC and Bayo Vista LP. Village West traded for $10.8 million and The Village Apartments was sold for $12.4 million.
Phoenix Asset Changes Hands for $40M
Mountain Park is located in Ahwatukee Foothills, offering residents job opportunities along the West Chandler employment corridor.
Winds of Change Buffet Chicago Multifamily
At the Lincoln Park Builders of Chicago Real Estate Forum, panelists shared insights on what’s next for the city’s development market.
Dougherty Arranges Refi for 77-Unit Community in Ohio
The national mortgage banking firm closed a Fannie Mae loan for Legends Pointe in Canton, Ohio. Dougherty’s Minneapolis office worked for borrower Legends Pointe Apartments.
LA Community Sells for $16M
Transwestern brokered the sale on behalf of the seller, a private investor and also represented the buyer, Winstar Properties Inc., in the off-market transaction.